Soytas, Mehmet Ali; Volkan, Engin - In: Central Bank Review (CBR) 16 (2016) 4, pp. 119-125
Using the fixed-point theorem, sovereign default models are solved by numerical value function iteration and … Miller, 1993)- often used in applied microeconometrics literature- to dynamic general equilibrium models of sovereign default … general equilibrium models of sovereign default to improve upon their quantitative inference ability. …